Articles on: General rules

Glossary

Bear market: refers to a global market that is falling sharply


Bull market: refers to a global market that is rising sharply


Fees: fees associated with the use of the platform, in particular, trades


Holding: keeping ROYs in your wallet for a long time, usually to earn yield


Intro valuation: an estimation by our algorithms of the sum of future talent income over 10 years


Introduction: a phase where a talent is launched on the platform, with the sale of the soft supply (also called primary market)


Vip sale: part of the soft supply reserved for VIP members during the introduction


Public sale: part of the soft supply reserved for the public during the introduction


KYC (Know Your Customer): verification of your identity (mandatory step to withdraw your money)


Max APY: the maximum possible yearly yield return based on the current ROY price


Primary market: see introduction


Referral: a person that has been invited by another royaltiz user


ROY: a general name of the contractual product on talent launch on the platform


Secondary market: a period following the introduction where users can buy and sell ROYs on the market


Slippage: the difference between the expected price of a transaction and the actual price at which the ROYs are bought (fixed at 10% maximum on Royaltiz)


Soccermind / Sparkmind / Musicmind: algorithms used for talent valuations in introduction


Sell out: this term is used at the end of an introduction to say that all of the soft supply has been sold


Supply: ROY offer


Soft supply: a total number of ROYs on sale when a talent is introduced (VIP + public)


Max supply: the maximum number of ROYs created which can be issued during the contract period of the talent


Circulating supply: a number of ROYs currently circulating on the market (Note: circulating does not necessarily mean put on sale by users)


Talent: that’s how we call people introduced on Royaltiz (athletes, artists, influencers, etc)


Trade: purchase or sale of one or more ROYs


VIP code: a special code allowing you to obtain a bonus during registration


Wallet/portfolio: the place where your ROYs and your money are stored


Yield: a financial return of a ROY paid by Royaltiz to the holders

Updated on: 15/02/2024

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